Mount Vernon, IL metro area Housing Market Brief
metro · as of July 2026
What is Mount Vernon, IL metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Mount Vernon, IL metro area in its market cycle?
Mount Vernon, IL metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Mount Vernon, IL metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $165K | ▲ +10% |
| Median Days on Market | 57 days | ▲ +11.8% |
| Months of Supply | 4.3 | ▲ +43.3% |
| Homes for Sale | 91 | ▲ +13.8% |
| Homes Sold | 21 | ▼ -22.2% |
| Median Price / Sq Ft | $107 | ▲ +4.2% |
How has Mount Vernon, IL metro area’s Alpha Score moved?
Markets like Mount Vernon, IL metro area
- Woodward, OK metro areametro59
- Gloversville, NY metro areametro57
- McPherson, KS metro areametro58
- Morgan City, LA metro areametro56
- Albert Lea, MN metro areametro57
- Mason City, IA metro areametro56
- Grants, NM metro areametro56
- Washington, IN metro areametro54
- North Vernon, IN metro areametro61
- Garden City, KS metro areametro58
Frequently asked questions
Is Mount Vernon, IL metro area a buyer's or seller's market?
As of July 2026, Mount Vernon, IL metro area is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Mount Vernon, IL metro area?
The median sale price in Mount Vernon, IL metro area is $165K, having risen 10% over the past year.
How affordable is Mount Vernon, IL metro area?
Mount Vernon, IL metro area scores 93 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Mount Vernon, IL metro area's Alpha Score?
Mount Vernon, IL metro area's strongest dimension is Affordability (93/100) and its weakest is Price Momentum (35/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Mount Vernon, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.